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Economic inequality / Economic bubbles / Income distribution / Income in the United States / Income inequality in the United States / Late-2000s financial crisis / Gross domestic product / Financial crisis / Distribution of wealth / Economics / Economic history / Socioeconomics


Leveraging Inequality Long periods of unequal incomes spur borrowing from the rich, increasing the risk of major economic crises Michael Kumhof and Romain Rancière
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Document Date: 2010-12-01 14:50:20

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Cambridge / Barcelona / Washington / New York / Paris / /

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Princeton University Press / Harvard University Press / /

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America / /

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France / United States / China / /

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financial services / /

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Harvard University / IMF’s Research Department / International Monetary Fund / U.S. Department of Commerce / Paris School of Economics / Princeton University / Federal Reserve Board / Universitat Pompeu Fabra / /

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Michael Kumhof / Joel B. Slemrod / Stephen Zeldes / Karen / Emmanuel Saez / Romain Rancière / Jonathan Skinner / /

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Economist / Deputy Unit Chief / consistent theoretical model / /

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New Jersey / Massachusetts / /

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The Quarterly Journal of Economics / Journal of Political Economy / Fault Lines / /

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